Centre Island, NY Economy


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Centre Island, NY is a great place to live due to its excellent schools, unique culture, and vibrant economy. The cost of living in Centre Island is higher than the US average; for example grocery costs are 13 percent higher than the national average while 2 bedroom rent is more than 50 percent higher at $2,190 per month versus $1,430 across the country. Despite this Centre Island remains an attractive option for many with businesses such as The Cove Deli & Cafe providing delicious options and Robert Jatczak Landscaping offering exceptional landscaping services. Furthermore Centre Island has something special that can’t be found anywhere else – its own unique culture that blends artistry with history. With all these benefits Centre Island remains an attractive place to live despite its higher cost of living and rental prices.

Centre Island has an unemployment rate of 5.9%. The US average is 6.0%.

Centre Island has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.

Tax Rates for Centre Island
- The Sales Tax Rate for Centre Island is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Centre Island is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Centre Island
- The average income of a Centre Island resident is $141,620 a year. The US average is $37,638 a year.
- The Median household income of a Centre Island resident is $169,545 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCentre Island, New YorkUnited States
  5.96
  -6.6%-6.2%
  28.3%33.5%
  8.6%6.2%
  6.2%4.6%
  $141,620$37,638
  $169,545$69,021
  $196,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.7%6.8%
  5.7%10.0%
  2.1%2.5%
  4.1%11.0%
  0.0%4.8%
  0.0%0.8%
  5.2%1.9%
  16.1%4.7%
  6.7%1.9%
  11.4%7.6%
  1.0%0.1%
  4.1%4.2%
  8.3%9.3%
  16.1%14.0%
  7.8%2.1%
  0.0%7.0%
  3.6%4.8%
  2.1%4.7%
Reviews for Centre Island
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Over 16 years ago

The village has its own police. It is also a peninsular. The police station is at the entrance to the village (one road in and out). So, crime is essentially  More

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